Average Credit Analysts Salary in Southwest New York nonmetropolitan area
The average salary for Credit Analystss in Southwest New York nonmetropolitan area is $87,550. While this is lower than the national average, the cost of living in Southwest New York nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $87,550 per year.
- Growth Trend: Salaries have shifted 35.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $150,370.
- Outlook: The current demand for Credit Analystss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Southwest New York nonmetropolitan area economy.
Salary Overview
The average Credit Analysts in Southwest New York nonmetropolitan area earns-10.8%below the national average.
$42.1
$1,684
$7,296
Credit Analysts Salary Trends (2020-2024)
Over the past 4 years, Credit Analysts salaries in Southwest New York nonmetropolitan area have experienced a rapid surge, growing by 35.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Analysts Salary Distribution in Southwest New York nonmetropolitan area
The earning potential for Credit Analystss in Southwest New York nonmetropolitan area varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $61,920, while highly experienced professionals can command wages upwards of $150,370.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,920 | $29.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,663 | $31.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,920 | $29.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,438 | $52.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $150,370 | $72.3 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$87,550
Gross Pay
Real Wage (Purchasing Power)
$87,550
Adjusted for COL (100)
In Southwest New York nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $87,550 to $87,550.
Job Market Context
70
Total Jobs
0.409
Per 1K Jobs
0.94
Location Quotient
Southwest New York nonmetropolitan area has 0.94x the national average concentration of Credit Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
70 people work as Credit Analysts in Southwest New York nonmetropolitan area.
Only 0.409 out of every 1,000 local jobs are Credit Analysts roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Credit Analysts
| City | Salary | Dist. |
|---|---|---|
| Scranton--Wilkes-Barre, PA Credit Analysts Salary | $77,050↓ 12% | 64 mi |
| Albany-Schenectady-Troy, NY Credit Analysts Salary | $102,800↑ 17% | 68 mi |
Comparing salaries near Southwest New York nonmetropolitan area
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in Southwest New York nonmetropolitan area?
The median annual salary for a Credit Analysts in Southwest New York nonmetropolitan area is $87,550. This typically ranges from $61,920 for entry-level positions to $150,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest New York nonmetropolitan area is 10.8% lower than the national median of $98,110.
Is Southwest New York nonmetropolitan area a good place for Credit Analystss?
It depends on your priorities. While the average Credit Analysts salary in Southwest New York nonmetropolitan area is $87,550 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Southwest New York nonmetropolitan area. See distinct detailed breakdown below.
Is Southwest New York nonmetropolitan area a good place to live for Credit Analysts?
The Cost of Living Index in Southwest New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest New York nonmetropolitan area?
Some top paying nearby cities include Scranton--Wilkes-Barre, PA ($77,050) and Albany-Schenectady-Troy, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Southwest New York nonmetropolitan area area with a job density of 0.409 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Credit Analysts • Data source: BLS OEWS 2024 •Jobs in Southwest New York nonmetropolitan area